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Apparently, the highly-publicized annual Wal-Mart analyst’s meeting served a purpose other than announcing that Wal-Mart plans to: scale-down domestic expansion, improve existing stores, and embark on foreign conquest.  They also announced a new venture from Sam’s Club, slated to debut in Houston next year. It is a new club-format store, geared toward Hispanics, creatively titled: Más Club ("More Club” in Spanish. They could name every Sam’s this, no?).

The clubs will feature an expanded selection of Hispanic foods and products produced in Mexico and Latin America.  The Houston Chronicle reports that the Selig Center for Economic Growth at the University of Georgia, has estimated that the Hispanic population will account for 1.2 trillion dollars of spending power by 2012 - and Sam’s Club wants a piece of the action. 

The store looks to drape itself Hispanic culture, featuring a cafe that sells ‘fresh’ tortillas (sounds delicious) and branding itself in the red, green and white of Mexican flag. Doug McMillon, president and CEO of Sam’s Club is quoted in Reuters:

“Our objective is to create an additional shopping choice that provides currently unavailable value for families, restaurant owners, convenience stores and more...”

McMillon chose not to discuss Mas Club’s suppliers. Given that it will be carrying mostly Hispanic products, “Mas Club” might actually break a new Wal-Mart record for percentage of products not made in the U.S.  But Latin American suppliers beware. Wal-Mart Stores, Inc. is notorious for bullying down their suppliers to sell products at a price they can barely afford (Vlasic, Levis). 

While the first store is to serve as a prototype, The Northwest Arkansas Morning News said McMillon is ”pumped” about the new chain, which will also feature gas stations…